In light of the recent price drop $BNB to $640, the community is actively discussing the future of the token.
💡 What's happening?
BNB is facing pressure due to global market correction and increased regulatory scrutiny. Current support is at the $600-700 level. If bears break this mark, the price could drop to $580. But if the price holds above $700, we may see new growth to $750 and even $800.
✅ Optimists say:
Token burning continues to reduce supply, strengthening BNB's position.
Binance Smart Chain remains one of the leading ecosystems in DeFi and NFT.
⚠️ Skeptics warn:
Regulatory risks and overall market instability may hinder recovery.
The pressure from bears may intensify.
My view:
BNB remains one of the key assets in the market, but uncertainty requires caution. This is an opportunity for those who believe in long-term prospects or a reason to sell to minimize risks.
What do you think? Buying, holding, or waiting? Share in the comments!